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[Wes Jr.] Then we started talking
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Hot Money

Thenwe started talking and you told meabout buying a house in Sausalito

[Wes Jr.] Then
we started talking and you told me
about buying a house in Sausalito

Full Transcript

00:00:01.000 --> 00:00:02.401
- [Wes Jr.] Then we started talking
00:00:02.401 --> 00:00:05.996
and you told me about buying a house
00:00:05.996 --> 00:00:06.372
in Sausalito.
Duration
6 seconds
Views
25
Timestamp in Movie
01:24:29
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
- So we call the insurance company two days before, - Hot Money 00:06
- So we call the insurance company two days before,
And they call us back and say, - Hot Money 00:17
And they call us back and say,
That's an entire, - Hot Money 00:08
That's an entire,
(jet engine roaring) - Hot Money 00:08
(jet engine roaring)
So as things get worse, the insurance companies - Hot Money 00:08
So as things get worse, the insurance companies
- These latent, hidden climate risks - Hot Money 00:13
- These latent, hidden climate risks
- And right now this house is listed for $49,000. - Hot Money 00:06
- And right now this house is listed for $49,000.
At the peak of the market, it went to about $250,000. - Hot Money 00:05
At the peak of the market, it went to about $250,000.
- It's not only the owners that lose their assets, - Hot Money 00:07
- It's not only the owners that lose their assets,
It's those that bought the secularized mortgages - Hot Money 00:09
It's those that bought the secularized mortgages
- And unless we're prepared to continue to write - Hot Money 00:19
- And unless we're prepared to continue to write
Or should we in fact not permit - Hot Money 00:15
Or should we in fact not permit
- No, that's the really scary thing - Hot Money 00:08
- No, that's the really scary thing
(train approaching) - Hot Money 00:13
(train approaching)
From that standpoint, the facilities are as vulnerable - Hot Money 00:07
From that standpoint, the facilities are as vulnerable
So there's a lot of offshore infrastructure - Hot Money 00:11
So there's a lot of offshore infrastructure
And so as the coastline erodes, - Hot Money 00:14
And so as the coastline erodes,
So indeed, yeah, hardening of infrastructure, - Hot Money 00:11
So indeed, yeah, hardening of infrastructure,
People are worried about how to protect those going forward. - Hot Money 00:05
People are worried about how to protect those going forward.
- Nature's gonna be eroding the foundations - Hot Money 00:06
- Nature's gonna be eroding the foundations